Times are tough at The Warehouse, with earnings and sales falling. The listed retailer says profits may also decline next year.

Bernard Hickey with ten questions about the European debt mess and what it might mean for New Zealand.

Reserve Bank Governor Alan Bollard is expected to keep the official cash rate unchanged next week while signalling the stimulus of a record-low OCR will be removed sooner rather than later as inflation pressures start to stir.

Equities sank after the most powerful central bank chief in the world came out guns blazing but fired blanks ahead of a speech by US President Barack Obama.

US shares rebounded overnight, as investors applauded signs on both sides of the Atlantic that government fiscal problems are getting solved.

Fonterra farmers are again warning that any change which may reduce their ownership or control of the co-operative sill be rejected.